Bid Order Placement execution order?
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Something of a detailed scenario, so I'd like to know how the Asset Exchange would work:
- I've put up Buy Orders ("Bit Order Placement") for the same asset like the following: X quantity @ 100 Burst, Y @ 200, and Z @ 300.
- Asset issuer releases shares like the following: X quantity @ 50 Burst, Y @ 100, and Z @ 150.
- For the sake of argument, let's say mine are the only open buy orders.
In what order would my Buy Orders be filled? Thanks!
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@IncludeBeer You'd buy X @ 50, Y @ 100, Z @ 150 - you buy at the ask price, not the bid.
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@haitch Ok, thanks!
